Rice, Beans, Tomato Jerked Up December’s Inflation   The eight-month reduction in Nigeria’s inflation was broken in December following a 0.23 percentage point increase as a result of the movement in the prices of mainly rice, bean and tomato. Economic Confidential had reported that the 15.63 inflation...

Beans, Tomatoes, Rice Record 253%, 123%, 51% Price Hike       The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our correspondents in markets across Lagos, Ogun and Federal Capital Territory showed that staple food...

Beans, Garri Prices Drove Annual Food Inflation       The prices of beans and garri drove annual food inflation in May, the National Bureau of Statistic has said in a new report. The ‘Selected food prices watch for May 2021’ report obtained on Sunday said there was a...